Frigoglass announced that the High Court of Justice of England and Wales made an order dated August 1, 2017 sanctioning the scheme of arrangement proposed by its subsidiary, Frigoglass Finance B.V.

The Scheme includes the terms of the capital restructuring of the Group which are more fully described in the Practice Statement Letter mentioned in the announcement dated June 19, 2017 and the explanatory statement provided to the scheme creditors in connection with the Scheme.